Global Door Closer Market Trajectory & Analytics, 2012-2027 - ResearchAndMarkets.com

The "Door Closer - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Door Closer estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2027, growing at a CAGR of 2.6% over the period 2020-2027.

Commercial, one of the segments analyzed in the report, is projected to grow at a 2.8% CAGR to reach US$2.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Residential segment is readjusted to a revised 2.1% CAGR for the next 7-year period. This segment currently accounts for a 26.9% share of the global Door Closer market.

The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 4.3% CAGR for the Period of 2020-2027

The Door Closer market in the U.S. is estimated at US$715 Million in the year 2020. The country currently accounts for a 28.95% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$483.3 Million in the year 2027 trailing a CAGR of 4.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 2.2% respectively over the 2020-2027 period.

Within Europe, Germany is forecast to grow at approximately 2.1% CAGR while Rest of European market (as defined in the study) will reach US$483.3 Million by the year 2027. We bring years of research experience to this 7th edition of our report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Allegion PLC
• Archies Ltd.
• Assa Abloy AB
• C. R. Laurence Co., Inc.
• Cal-Royal Products, Inc.
• Dormakaba International Holding AG
• GEZE GmbH
• Guangdong Hutlon Technology Co., Ltd
• Guangdong Kin long Hardware Products Co., Ltd.
• Hager Companies
• Oubao Security Technology Co., Ltd.
• Ryobi Ltd.
• Stanley Black & Decker, Inc.
• Suzhou Fuerda Industry Co. Ltd - FRD

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of Covid-19 and a Looming Global Recession
• Global Competitor Market Shares
• Door Closer Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 71

For more information about this report visit https://www.researchandmarkets.com/r/ssvsc4

View source version on businesswire.com: https://www.businesswire.com/news/home/20200908005731/en/